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the federal budget. >> when the history books are written, tim geithner will go down as one of our finest secretaries of the treasury. [applause] host: the president of the united states on timothy geithner and talking about his tenure as to -- secretary treasury. "the washington post" writes -- highlighting efforts made by the financial crisis and the housing industry. this comes as jack lew will become the next person to be nominated into that position. we want to talk to you about timothy geithner, his legacy, his time served as the treasury secretary, and your thoughts on what he has done or not done depending on your opinion. here is how you can join us this morning. you can give us a call -- if you want to send us a twet -- @cspanwj facebook.com/cspan this is how "the new york times"highlights some of his accomplishments. it says here -- that is "the new york times." prefers to 45, your thoughts on timothy geithner as the secretary treasury. -- for the first 45 minutes, your thoughts on timothy geithner as secretary treasury. more from "the new york times." they continue to write th
secretary of treasury. tim geithner ended up working on his signature because a lot of people will see it. >> so lew has to tone down the loops. here come the jokes. hallie jackson, thank you. >> i like a loopy signature. 5:37. some kids spend a lot of time in front of the tv and computer. don't forget to e-mail us your response to our water cooler question of the day. what do you think was the best motion picture of 2012? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> northbound 83 is still closed up to the belfast exit. >> welcome back to 11 news today. 5:40. 48 degrees downtown. we have a few clouds in place over the city. temperatures are falling up to the north but mild across the metro area. 43 across the bay in chestertown. we have some colder air moving in from the north. temperatures will fall over the next couple of hours. high temp rouge today near 50 degrees -- high temperatures today near 50 degrees. >> fluency in two languages might help as you age. >> people said they were bilingual. they scored about t
will be nominated to replace tim geithner. >>> a developing story north of the border, residents in canada are pleading or outside help to rescue a group of whales trapped in sea ice. right now, the mammals are gathered around a single hole in the ice. the villagers are can go the canadian government to send an ice breaker quickly top a team from the canada fishery department is expected to arrive today. >>> now, for a look at the weather. it is kind of depressing, hopefully, they fare okay. dylan dreyer is here with the weather. >> thank you, good to be back. weatherwise, the east coast enjoying a really nice january thaw. in fact by the time we get to the weekend, temperatures will be well above average perhaps as much as 20 degrees. right now, we're talking about a lot of rain and it's falling around louisiana especially. yesterday, we picked up two to three inches of rainfall across parts of eastern texas. now, that heavy rain is going to sit over louisiana, through arkansas and eventually push into kentucky and tennessee and stay there for a while. it's not moving east ward all that q
him and they won't go to gnats over this. >> this dollar bill has tim geithner's signature on it. and there it is. this is how it would look on a dollar bill. in washington, doug luzader fox news. >> jury selection will likely begin today in a prince georges county courtroom for a police officer accused of murder. arrested richmond phillips back in 2011. they say he killed 20-year-old wynetta wright. opening statements could begin on monday. >>> disturbing allegations. a day care worker accused of kicking a 2 year old. >> and turns out$2 year old. >> and turns out the facility isn't even license. melanie is in the news room with the story. good morning. >> as we know this is every parent's nightmare. police are not releasing the cell phone video that catches the assault. 19-year-old jonathan desmond was arrested. police say he admitted to kicking a 2 year old boy under his care at the home on emberwood drive. an investigation found the home day care was unlicensed. he was helping to care for as 30 or more children there. >> he knew the proper training. how do you have someone 19
treasury secretary. tim geithner is the last original member of the president's economic team. he leaves as three major deadlines loom. by end of february, the treasury will lose the power to borrow more to pay america's bills. across the board spending cuts to every federal program kick in on march 1. the government will run out of all congressional funding by the end of march. the current chief of staff is expected to inherit those headaches as geithner's replacement. president obama promised quick action on vice president joe biden's proposals on new gun control laws following the shootings in newtown, connecticut. >>> in newtown, connecticut, they are being overwhelmed by donations. though town officials said they have more than they can handle, toys, school supplies and other gifts keep pouring in in the wake of the massacre newtown now has a warehouse to hold the items being trucked in every day. a task force will figure out how to deal with all of the donations. >> people just want to feel like they're doing something. >> yes. >>> as we have reported the obama administration is pr
, possibly right before that with tim geithner's private calculations. >> how real is the concern among congressional democrats that as you crawl from crisis to crisis that it prevents the administration from advancing with long-range policies with regard to imgramigration or gun control. >> i don't think it should. the administration has enormous powers under existing law. for instance, they could institute large parts of the cap and trade bill which passed the house through regulation, through rule making and the president actually did institute a large part of what would have been our bill on immigration, the dream act through administrative action. the president has a lot of power and he should use it to solve the country's problems. >> how would you characterize your last stint in congress. how would you characterize that compared to this upcoming stint? >> well, we did a lot of good for a lot of people, particularly in our district and i think they'll be able to do it again. a lot of the best things that we did in the district had nothing to do with votes on the floor and the job
and his choice for treasury secretary. >> a little more than four years ago i stood with mr. tim geithner, the first nominee to my cabinet. we were two months into the financial crisis. the stock market had cratered. the stock market -- bank after bank was on the verge of collapse. worst of all, more than 800,000 americans would lose their jobs in just that month. at the bottom was probably not yet in sight. i could not blame tim when he told me he was not the right guy for the job. [laughter] extensivews that tim's experience with economic policy made him eminently qualified and i knew he could hit the ground running. as chairman of the federal reserve, he had just spent chaotic weeks emerged in the crisis and had been working with the treasury to save the financial system. then when the wreckage -- with the wreckage of our economy still smoldering, i asked tim to help us put it back together. thanks in large part to his steady hand, our economy has been growing for the past three years. our businesses have created nearly 6 million new jobs. the money we spend to save the financial syste
. >>gretchen: quick headlines. tim geithner getting ready to cash out. now we know who will replace him as treasury secretary. fox news confirming president obama is choosing jack lew. casey anthony lawyers will appeal today. anthony was found guilty of lying to detectives. >>steve: you might have said you liked it when you got it, but what do you do with all those christmas presents if you didn't really like them and don't really need them? don't feel bad because roughly 10% to 15 partly cloudy of all christmas gifts are taken back or exchanged. that adds up to nearly $88 billion worth of things. how can you turn your unwanted gifts into cash? we are joined by an expert, sandra smith. good morning to you. >> good morning. >>steve: for one reason or another we get stuff for christmas maybe we don't need. we've got four of those already. you've got a way you can make some money. >> you can open a closet and dedicate it to all those unwanted christmas gifts and use them throughout the year. maybe you get candles and soaps you may not want. however you may be going to a dinner party later
treasury secretary, tim geithner. we knew he was going to leave. but now, he's saying he's going to leave right after the inaugural and not be around for that confrontation. >> reporter: that's right. not a surprise he's going. but he was going to follow through this fiscal cliff debate. that's only part-over. the debt limit fight's a big one. he'll have a new treasury secretary. it will almost certainly be jack lew, his current chief of staff. so, kind of a shuffling of chairs. but this is the last of the economic team left in the white house, geithner. >> jon karl, thank you very much. looking forward to you joining our powerhouse roundtable on "this week" this sunday. i'll also be interviewing senate republican leader, mitch mcconnell. >>> now, to the growing backlash over the movie "zero dark thirty." the movie chronicles the hunt for osama bin laden. three senators, including the chair of the senate intelligence committee, are now putting pressure on the cia to reveal just how much information it gave to filmmakers. and whether or not the agency deliberately tried to mislead them int
secretary. >>> also, treasury secretary tim geithner planning to leave later this month, sometime around the inauguration. >>> seven minutes past the hour. with heavy little hearts and under very heavy guard, classes have resumed for students at sandy hook elementary school. hit the books for the first time since the massacre three times. they were held in a school in nearby connecticut made to look like their old school. students were anxious to resume study. >> we took the bus. had the normal routine, getting them breakfast, getting backpacks packed and then we went out and waited for the bus. as soon as the bus came, they didn't look back. bye, guys. waved and ran on the bus. >> everybody worked so hard to make this as normal as possible for the kids. teachers and school administrators tried to make it as normal as possible. kids cubbies and desks moved intact. tried to recreate some of the rooms for them as well. just such an amazing effort. i wish them all well. >> there is word that former congresswoman gaby gifford may visit the newtown families today. the lieutenant governor said
. >> i like it. >> looks like my husband's signature. why even bother. >> the treasury secretary, tim geithner cleaned up his signature. there is now a petition to keep ja jack's doodle. >> kind of like when your little kid draws hair on you. >> i can do better than that with this cast on. >> we're doing autographs of the these. >> mine impossible. you can't even -- >> that's pretty good. >> roker's is beautiful. >> come on! >> makes you want to be a weather person. >> here's me. >> nat callie, looks like you did that with a cast. >> i did. >> what does that say? >> corbin bernsen. >> the simple like french. [ elizabeth ] i like to drink orange juice or have lemon in my water... eat tomato sauce on my spaghetti. the acidic levels in some foods can cause acid erosion. the enamel starts to wear down. and you can't grow your enamel back. i was quite surprised, as only few as four exposures a day what that can do to you. it's quite a lesson learned. my dentist recommended that i use pronamel. because it helps to strengthen the enamel. he recommended that i use it every time i brush. you f
. what do you make of that? charles: it stands to reason. even tim geithner is like listen, guys, dropping these hints saying how many times can we go through this. how many times can we keep the clock one second before midnight and i don't know. stuart: to say we run out of money on february 15th, that is not true because you have tax revenue coming at you. simply means the treasury has to decide where it will use -- charles: don't give veterans their benefits, some really stark and tough choices. the money coming in but how you did the out someone will be passed. stuart: two sides are so far apart, president obama said rider told john maynard there is no spending -- tracy: president obama is ignoring the debt commission about the last report of the president's first four years saying over the long run as the baby boomers retire health care costs continue to grow, the situation will become much worse. the debt commission's words, president obama doesn't seem to be listening to that. i don't think anybody at home will disagree, over $16 trillion, we had a spending problem. stuart
secretary tim geithner, expected to leave at the end of the month. what is the administration saying about this search for his successor? they must be racing the clock now. >> that's right, they are. you have the debt ceiling, a battle coming up, there are other economic matters that have to be dealt with over the next few months and it's important for the president to make this election, we expect the president will be making some announcements as early as next week. we reached out to the treasury department yesterday, a spokesperson telling me that treasury secretary geithner will be around until around the inauguration, and that they won't talk exactly about the timing of his departure until a successor is named but no doubt, this is a crucial cabinet position that the president is mulling over while here on vacation in addition to some others as well, such as the cia, and the defense department, victor. >> dan lothian traveling with the president, thank you for joining us for that. let's see how the markets are reacting to the jobs numbers. alison kosik at the new york stock exchange.
. if confirmed by the senate, he would replace tim geithner. some complain that he is too unyielding in past fiscal negotiations, specifically alabama senator jeff sessions. he says, "jack lew must never be treasury secretary." adding, "any loan disqualifies." senator sessions is not saying yet whether he will filibuster the nomination. president obama will make the announcement at 1:30 p.m. eastern time, and you can hear it live on c-span radio or watch on c-span. meanwhile, labor secretary bill the sully's is resigning, saying she returns -- labor secretary hilda solis is resigning. responding to the news, president obama called her a tireless champion for working families. the white house says that attorney general eric holder, health and human services secretary kathleen sebelius, and -- will remain at their posts. a new rule on mortgages. the aim is to return -- for the first time, federal regulators are laying out rules to ensure mar words can afford to pay the cost of the mortgages. the consumer financial protection bureau will -- when the rules take effect, up-front fees will be limi
will be replaced by who knows. tim geithner is out. he'll be replaced by a guy, jack lew, the guy who, if you've been watching the tv over the last day or so, jack lew is the guy who signs his name with what surely looks like a slinky. >>brian: front page "where are the women?" they take a picture and talk about the cabinet of the administration. all the women are being replaced by men. white men too on top of that. let me show you a picture in "the new york times." all we see is valerie jar rhett's leg -- valerie jarrett's leg. >>steve: on december 29 that is the pr-z meeting with ten guys and they're talking about the fiscal cliff. >>brian: could they back up a little. >>gretchen: this is a picture they released the day after, i believe. and you can see valerie jarrett front and center facing the president. then there are two other women who are in the photos. was it a reaction to that original picture? brian, you bring up a good point that there are no minorities -- there's one, i think, in that original picture. it is an interesting discussion because there was so much made in this last p
considered failures. tim geithner's tenure has been controversial but i think broadly speaking what he did to write the financial system will be considered a tremendous achievement in the annals of economic policy-making. but again, they are in something of a rut, i think, in their economic policy-making at this point, and particularly in their approach to dealing with republicans. a lot of that, i'd say frankly the bulk of that blame falls on the house republicans and john boehner. but it's nevertheless a case that they just put somebody into the treasury department who they intend to have lead a lot of their budget battles who john boehner at this point essentially refuses to work with. during the 2011 negotiations, they said boehner and the republicans said we just don't want to deal with lew anymore. we don't feel we can get him to say yes to us. now, to some degree that might be because lew is reflecting the will of the president, but i just think there's a kind of a siege mentality a little bit at the white house that's showing up in their appointments, which is understandable, but i
attain to. >> exactly. >> tim geithner who apparently jeff sessions thinks is a great guy, he was at the fed while this stuff was going down. he was part of the clinton administration that deregulated wall street that allowed the whole thing to go down. and yet now he's got gravitas. all of them are tainted, whether it's by bonuses or policy setting. you know, jack lew is one of the less offensive, maybe totally inoffensive thing -- the only thing people are objecting to is the signature. that tells you something. >> what do you make of, say, jeffrey sachs arguing a couple days ago that there's a problem having wall street people going to the treasury because, you know, you've got foxes guarding the henhouse? >> there are two pieces -- actually now like three or four pieces of financial regulation. treasury deals with part of it, but they also have to deal with all sorts of economic policy including maintaining confidence in the financial markets. that used to be one of the big roles that people like bob ruben were to be able to do. there are multiple roles treasury secretary
president obama tapped current white house chief of staff jack lew to take the place of tim geithner, and we expect that announcement tomorrow. jay carney likely to get questions about that today at the white house briefing set to start at 2:15 eastern now, and it will be live here on c-span2 live coverage, a discussion on this year's budget battle from today's "washington journal." >> host: back at the table is the president of club for growth, talking about the republican agenda for the 113th congress. let me show our viewers the "washington times" from mondays and the headline, g.o.p. shut down and sanity jolt as a way to press need for cuts." when it comes to the next budget battles ahead, republican senators, ted cruz, and others, laying the ground work. are you part of the effort or consulting with them on this? what do you think about it? >> guest: we supported people like cruz and others champions of economic freedom in the senate and other house members. we do that because we want fiscal sanity in washington. we endorse people at the club for growth we think hold a pro-growth view,
replaces treasury secretary geithner. i think that will have a big affect on stock markets and on the country's credit rating. i think it will have less of an effect on jobs initially. >> interesting. that much on tim git neareithne departure. the rich are getting richer. the richest added $241 billion to their value. where are they finding their fortunes? >> great question. three main places where we're seeing the rich getting richer. first in emerging markets. a lot of very rapid wealth creation happening. i think that's adding a lot more billionaires to these lists. the second is the fact that real estate values, especially state side, are starting toic tick up. a lot of billionaires have a lot of real estate. and all of the major stock market indexes have been up in the past year. a trend we've been seeing and hearing about. forbes has been tracking this closely for the past year. we'll see it continue next year. we're actually getting ready to release our billionaires list in march. we'll see some newcomers this is a story that continues. >> for sure. how about the ara
Search Results 0 to 25 of about 26 (some duplicates have been removed)

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